nzbizbuysell.co.nz/97277
Ad ID: 97277

Childcare Investment Business Opportunity for Sale Gisborne

Gisborne Childcare Investment, Great Opportunity

Location:
Asking:
$595,000

Business for Sale Description

Childcare Investment Business Opportunity for Sale Gisborne

With Resource Consent granted for 60 children, an excellent opportunity has presented itself for the development of a new childcare centre in Gisborne. Currently the opportunity has a house on site with tenants; this would need to be removed and a new commercial property development completed or moved onto the site. The current tenant is paying circa $400 per week so there is an opportunity to ‘park’ this for a period.

Expected rental return would be circa $118 - $130k per annum. 7.2 – 7.5% ROI. This resource consent has taken nearly 3 years to obtain.

Gisborne is in high need of such a facility and this opportunity is also very close to a local primary school (within 200M). Daily traffic volume past the centre is in the range of 15 – 20,000 vehicles.

The property in today’s market (as it stands) is appraised at the mid $500’s. Vendor is selling as he is moving to the South Island so an excellent opportunity exists.

Asking Price: $595,000.

To find out more information, visit www.barkerbusiness.co.nz/3009 and submit a confidentiality agreement. Brett will be in touch as soon as he receives your expression of interest.

Licensed REA2008. Copyright Barker Business Brokerage 2008.

Property Code: 3009

Interested In This Opportunity?

Email to a friend / myself

 

Share this:

Barker Business Brokerage Ltd
For more info
Contact: Brett Barker

Brett Barker

Brett Barker
021 744 990 or 09 448 1285
Barker Business Brokerage
Licensed REAA 2008
Broker Ref: barker_74_80

Sign up for the Latest Businesses For Sale

BUSINESS FOR SALE BULLETINS
quickly get the newest business opportunities.

SELECT BULLETIN(S):
  •